The market is not favorable to the lithium and nickel industries but the low cost player similar to Nic will always survive at all times because It proved It could make money.
Bhp always shut its nickel plants when things are depressed. Igo will soon follow its footsteps because the bigger and higher cost producers wont win the lmarket.
The recent announcement from the Indo. Gov. to shut dirty NPI producers might take 5-10 yrs to take effect so the pullback in the sp provides opportunities.
The problem to prevent big companies like Tesla to buy nic in the Indo is that the materials are dirty and cheap.
Nic has customers. It doesn't need white colar customers. It's all about supply-demand things.
Someone gains is another one losses. Simple
NIC - General discussion, page-977
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